You may not 1031 into a REIT however there is a product similar to a TIC called a DST (Delaware Statutory Trust) that qualifies for 1031 treatment.  

., you should have no problem securing an 80% LTV on a personal residence and would likely be eligible insured mortgage products (up to 95 - 97% LTV) as others indicated.If you are trying to purchase before you move, does your wife have family who would be able/willing to act as a guarantor on a mortgage?

That was a week ago, and he must still be researching.At least now I know why the non-reliance disclaimer was so prominent.

I've spoken with various people on the matter and the price can range anywhere from $125 - $215 per square foot which means complete with demolishing to finished product. 

I think I will be more productive by just focusing on one thing at a time until I get more experience.

Lizzie is right - check out local banks in the area around Denver and the Greenwood Village areas and tell them you are hoping to use the Home Possible 5% down conventional product!

Keep in mind most of the markets in the USA you are getting lower end product.

Make sure the property is actually zoned for multi-family and not the product of a past owner turning a single family unit into a multi-family unit.

For a bank that does portfolio loans, Towne Bank has a great product.

They're $700 each, but their product is one of very few with little to no reliability complaints and almost universally positive reviews.